ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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- 4. Exxon-Mobil, Nike, and IBM are all examples of what type of political actors? A. State actors. B. Non-Government Organizations (NGO's). C. Inter-Government Organizations (IGO's). D. Multi-National Corporations (MNC's). 5. Which contextual level focuses more on the impact specific people have on the syste A. Individual decisions contextual level. B. State policies contextual level. C. Global contextual level. D. All of the above.arrow_forwardQUESTION 4 Assume the following: • market quantity > socially desirable The inequality above describes which of the following? a. Negative Externality b. Positive Externality C. Budget Deficit d. Budget Surplusarrow_forwardWhich type of grant is usually better at increasing the quantity spent on public goods? a.conditional block grants b.block grants c.all are equivalent d.matching grantsarrow_forward
- Explain why we have government provision of goods and services instead of using markets. What are the 3 rationales for the government providing goods and services instead of markets?arrow_forwardMatch the good with it's best characterization. A. Open-access resource B. Private good C. Public good D. Club good select A B C D 1. Poke bowl select A B C D 2. Clean air select A B C D 3. Blue fin tuna select A B C D 4. Private beach select A B C D 5. Over-crowded public beach select A B C D 6. Uncrowded public beach select A B C D 7. Open-source software (like Python, R, or Linux) select A B C D 8. Commercial software (like Microsoft Word) select A B C D 9. Organic, free-range chickenarrow_forward10. Which of the following statements are true about a social enterprise? Group of answer choices A. A social enterprise is always a nonprofit B. A social enterprise operates in a socially responsible manner C. A social enterprise trades profitability for social responsibility D. A social enterprise measures its social benefit by the amount of profits E. Only B and C are truearrow_forward
- include examplesarrow_forwardA Day in the Life:The Johnson's are you average American family living in the average community in suburban Los Angeles.The family consists of mom and dad, Martha and HowardTwo children, Sally and Bobby, & A dog, Franklin. From "A Day in the Life," categorize each of the following example A that best fits the description: Public Good, Common Resource, Private Good, or Club Good. 1.Once home, the family gathers in the family room to finish out the day (A) watching TV, using the Spectrum Cable. 1) (Example A)- State the one that best fits the description: Public Good, Common Resource, Private Good or Club Goodarrow_forwardDetermine if the good is public good, private good, club good or common-pool resources. Please only tell me the ones that I got wrong and the reason why! 1. Albert Einstein's Theory of Relativity (as an idea) Public Good 2. Books in the public library Public Good 3. A local church, temple etc Public Good 4. Healthcare services provided by a physician Could be both public and private..? 5. The national missile defense system Public goodarrow_forward
- Question 22 The benefit principle states that_ a. people who benefit from the rule of law should pay taxes b. people who benefit from Social Security should voter for it d. people who benefit from a government activity should be those who pay for itarrow_forward1. Payment for health services in most low-income countries comes from: Group of answer choices Cash Taxes Microloans Individual insurance 2. Foreign aid makes up what percent of the U.S. national budget? ____ 3. A _______ usually has clear goals and defined end dates.arrow_forward16. Which of the following types of political culture stresses the importance of the individual and private initiative? a. Individualistic b. Traditionalistic c. Moralistic d. Socialistic e. Civicarrow_forward
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